Fidelity Mortgage Lenders
- Neil Sokoler
Loan Manager
Summary of all Guidelines | |
| Loan Types | Bridge Loan, Commercial Loan, Hard Money Loan |
| Property Types | 2-4 Units, Automotive, Cannabis Related, Industrial, Medical Office, Mixed use, Multi Family, Office, Place of Worship, Restaurant, Retail, Strip Center |
| Lendding Area | california, nevada |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $15,000,000 |
| Interest Rate Minimum | 10.5% |
| Interest Rate Maximum | 11% |
| Points Minimum 1st TD | 3 |
| Points Maximum 1st TD | 6 |
| Terms | 1 year, 2 years, 3 years, 4 Years, 5 years, 15 years, 20 year, 30 due in 15 |
| Interest Only or Amortized | Interest Only, Amoritzed |
| Prepayment Penalty | None |
| LTV Bridge | 55 |
| Upfront Fees | Appraisal if needed |
| Personal Guarantee /Recourse Required | No Recourse |
WE CAN FUND YOU
Our reputation for fairness and reliability brings us referrals from our borrowers. Other professionals in our network of real estate brokers, attorneys, accountants and business or family office managers come to Fidelity for our speedy assistance with their clients.
From our building on Wilshire Boulevard, all our departments work together to efficiently handle your loan. From our loan advisers on the third floor, to loan servicing on the second, to escrow officers on the first, there is only one goal… an easy and responsive experience.
We can provide that, as everything is handled in one place.
We consistently deliver loans at competitive rates and terms and are proud to say that our best advertisement is our satisfied clients.
If you’re looking for funds for your next deal – or to handle an unexpected event or opportunity – give Fidelity a call today.
Fidelity Mortgage Lenders is located in Los Angeles, CA. They offer financing for Bridge Loans, Hard Money Loans and Commercial Loans. The property type they primarily lend against is 2-4 Units, Automotive, Cannabis Related, Multi Family, Office, Industrial, Retail, Mixed use, Medical Office, Place of Worship, Restaurant and Strip Center. Their minimum loan amount is $100,000. Their maximum loan amount is $15,000,000. They offer loans for a minimum Term of 3 months. Maximum duration of 1 year;2 years;3 years;4 Years;5 years;15 years;20 year;30 due in 15. Although rates can change they are typically lending at a minimum rate of 10.5%. Maximum interest rate of 11%. Points charged are deal specific, but historically have charged a minimum of 3. Maximum points charged are 6.
These descriptions are limited information and meant for general reference purposes.